Market Sentiment Shifts: Unprecedented Outflow Sparks Speculation on Cryptocurrency’s Future Performance

**$3.6 Million Worth of HYPE Leaves Exchanges, Hinting at Major Rally Ahead**

In a move that has sparked significant interest in the cryptocurrency market, Hyperliquid (HYPE) has seen an astonishing $3.6 million worth of tokens leave exchanges over the past 48 hours. This unprecedented outflow has raised eyebrows among analysts and traders alike, with many speculating about the potential implications on the asset’s future trajectory.

The recent price drop has led to a retest of the breakout point, accompanied by a resurgence in trading volume. The current market situation presents an intriguing opportunity for investors to accumulate HYPE at discounted levels. Notably, this significant outflow could be indicative of strong accumulation, suggesting that shrewd investors are preparing for a major rally.

Intriguingly, the Relative Strength Index (RSI) is currently sitting at 49, placing it in neutral territory. This neutrality can be interpreted as an indication of considerable upside potential if market sentiment shifts positively. The asset’s RSI has previously demonstrated the ability to produce significant price gains when it reaches this level.

Furthermore, a detailed analysis of the on-chain metrics reveals that HYPE has been consistently exhibiting bullish on-chain signals since April 2025. This persistent positivity in traders’ long-side dominance has only been interrupted by two brief instances of negative values, underscoring the overall sentiment shift in favor of bulls.

Given these developments, it is difficult to ignore the possibility of a substantial price upswing for HYPE. The token’s history at this point suggests that whenever it reaches this zone, it tends to rebound and potentially create new highs. A 45% surge from current levels would put HYPE in an attractive position, with many believing that there is still room for growth.

As the market continues to navigate these uncertain waters, we shall be monitoring this situation closely.

Source: ambcrypto.com